CVR Energy Sustainability Profile
CVR Energy, Inc., a prominent player in the energy sector, is headquartered in the United States, with significant operations across various regions. Founded in 2007, the company has established itself in the refining and nitrogen fertiliser industries, focusing on the production of high-quality fuels and essential agricultural products. CVR Energy operates two refineries, strategically located in Kansas and Oklahoma, which enable it to efficiently serve diverse markets. The company’s unique approach to refining and its commitment to sustainability have positioned it as a leader in the industry. Notable achievements include its robust market presence and innovative practices that enhance operational efficiency. With a strong emphasis on safety and environmental stewardship, CVR Energy continues to drive growth and deliver value to its stakeholders.
DitchCarbon Score
How does CVR Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Metal Fabrication industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
CVR Energy's score of 22 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CVR Energy's reported carbon emissions
In 2023, CVR Energy reported total carbon emissions of approximately 4,370,000,000 kg CO2e, comprising about 3,560,000,000 kg CO2e from Scope 1 emissions and about 810,000,000 kg CO2e from Scope 2 emissions. This data reflects a significant increase in emissions compared to 2022, when the company recorded approximately 3,620,000,000 kg CO2e in total emissions, with 2,970,000,000 kg CO2e from Scope 1 and 650,000,000 kg CO2e from Scope 2. The emissions data for 2021 shows a similar trend, with total emissions of about 3,980,000,000 kg CO2e, including 3,360,000,000 kg CO2e from Scope 1 and 620,000,000 kg CO2e from Scope 2. CVR Energy has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The company operates as a current subsidiary of CVR Energy, Inc., which may influence its emissions reporting and climate strategies. Overall, while CVR Energy has made strides in transparency regarding its emissions, the lack of reduction targets and the increase in emissions over the past year highlight the need for enhanced climate action within the organisation.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 3,360,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 620,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is CVR Energy's Industry?
How Carbon Intensive is CVR Energy's Location?
CVR Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CVR Energy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
